CIA Director Leon
Panetta says Iran
probably has enough low-enriched uranium for two nuclear weapons, but that it likely would
take two years to build the bombs.

Panetta
also says he is doubtful that recent U.N. penalties will put an end to
Iran's nuclear ambitions.

He says the penalties could help to weaken
Tehran's government by creating serious economic problems. But he adds,
"Will it deter them from their ambitions with regards to nuclear
capability? Probably not."

Panetta tells ABC's "This Week" that there is
"some debate" as to whether Iran will proceed with the bomb.

Asked about a potential Israeli military strike
on Iran's nuclear facilities, Panetta said he thinks Israel is giving the U.S.
room on the diplomatic and political fronts.

THIS IS A BREAKING NEWS UPDATE. Check back
soon for further information. AP's earlier story is below.

WASHINGTON (AP) — CIA Director Leon Panetta says Iran
probably has enough low-enriched uranium for two nuclear weapons, but
that it likely would take two years to build the bombs.

Panetta also says he is doubtful that recent
U.N. penalties will put an end to Iran's nuclear ambitions.

He says the penalties could help to weaken
Tehran's government by creating serious economic problems. But he adds,
"Will it deter them from their ambitions with regards to nuclear
capability? Probably not."